FSMT APPROVAL – Controlled function – Investment adviser – Whether fit and proper – Individual agent made three mortgage agency applications for his principal – Agent submitted his personal bank details and not those of principal – Errors corrected once drawn to his attention – Whether despite those errors individual agent remains a fit and proper person – Yes, by majority vote of Tribunal – FSMT 2000 ss 59 and 60
Citations:
[2007] UKFSM FSM050
Links:
Jurisdiction:
England and Wales
Financial Services
Updated: 15 July 2022; Ref: scu.268200